Tech giants Nvidia and OpenAI have initiated a substantial $100 billion feedback loop this week, indicating robust growth in the AI and tech sectors. Nvidia plans to invest this sum in OpenAI, aiming to acquire up to 2% of the company with an initial $10 billion tranche, a strategic move to enhance their data centers. In a reciprocal arrangement, OpenAI recently committed to a staggering $300 billion for cloud computing services from Oracle, a significant partner that also sources chips from Nvidia. Additionally, Nvidia has allocated $5 billion towards Intel, further solidifying its chip production capabilities. OpenAI is also restructuring its corporate framework, aligning closely with its key investor, Microsoft. This intricate web of investments highlights the interconnected nature of the tech landscape, emphasizing collaboration among leading companies in advancing AI technology. This deal showcases the growing synergy between hardware suppliers and AI developers, a trend worth monitoring.
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